Stock Technical View for 5 April 2017


Posted April 5, 2017 by Trade1

TVS Motor shares gain post March sales figures Shares of TVS Motor 2.42 % were trading higher in early trade on Wednesday after the company on Monday reported a 10.24 per cent rise in sales at 256,341 units for March.

 
 The RBI Credit policy will be released on 6th of April.
 M&M chief Pawan Goenka urges SC to allow industry to sell BS III inventory.
 BS 3 fire sale: Tata Motors stuck with half of Rs 5400 cr unsold commercial vehicles.
 Government planning to empower RBI to deal with stressed assets.
 March auto sales:
Ashok Leyland-Total sales up 12 percent at 18,682 units versus 16,702 units (YoY).
Hero MotoCorp- Total sales at 6.09 lakh units versus 6.06 lakh units (YoY).
TVS Motor -Total sales up 10 percent at 2.56 lakh units versus 2.32 lakh units (YoY)
VST Tillers-Total power tillers sales at 4,625 units, tractors at 1,398 units
 Coal India-March coal productaion at 66.07 million tonne versus target of 63.23 million tonne.
 NTPC -Commissions first wind turbine of 2 MW at Rojmal wind power project
 Dr Reddy's Labs-US FDA completes audit of company's API manufacturing plant at Srikakulam, An-
dhra Pradesh
 Cipla-Receives final approval for generic Epzicom tablets
 Titan-Company struggled for growth in H1 FY16-17 due to uncertain consumer sentiment
 GMR Energy & TNB REMACO to setup JV in India for operation and maintenance of power plants
 Ratnamani Metals gets export order worth USD 23 million (Rs 150 crore) to be completed in 12 months
 Rajshree Sugars says company divested entire equity shareholding in wholly owned subsidiary, Trident
Sugars
 Gufic Biosciences board approves amalgamation of Gufic Lifesciences with company

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Last Updated April 5, 2017